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26
Photos
12802 Melgrove Avenue, Cleveland, OH 44105
$84,900 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
864
sqft
Built in
1925
Investors! This turnkey Cap Cod is a low-maintenance rental property with immediate cash flow! A long-term tenant is in place with a current lease of $1200 per month until December 2025. The home features two bedrooms on the main floor, a full bath, and an unfinished attic (just under 500 sq ft) with potential for 3rd/4th bedrooms. The basement is also unfinished, offering further expansion possibilities. Enjoy a spacious formal dining room and a quaint eat-in kitchen. Updates include a newer hot water tank and furnace (installed July 2024) and Central Air (2024). Brand New Roof in Nov. 2024, and the garage is newer with vinyl siding (approximately 15 years old). The tenant pays on time and intends to stay for many years.
Features & Amenities
Interior
- General:
- Built-in Features,Ceiling Fan(s),Crown Molding,Primary Downstairs
- Laundry:
- In Basement
- Basement:
- Unfinished
- A/C:
- true, Central Air
- Heating:
- true, Forced Air,Gas
- Fireplace:
- Fireplaces: 0
Exterior
- General:
- None
- Style:
- Cape Cod
- Parking:
- Concrete,Driveway,Detached,Garage Faces Front,Garage
Construction
- Roofing:
- Asphalt
- Windows:
- Aluminum Frames,Wood Frames
- General:
- Aluminum Siding, 1, Block
Location
- Originating MLS:
- NOWDD
- School District:
- Garfield Heights CSD - 1815
- County:
- Cuyahoga
Lot
- Zoning:
- 477 CRAN PK#2 0329 ALL, 546-35-088
- Fencing:
- None
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- NOWDD
This listing courtesy of:
RE/MAX Above & Beyond, Thomas N DiDonato
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Cleveland, OH
Housing
- Number of Units
- 365,687
- Median Home Value
- $126,282
- Median Rent
- $704
49.39% of housing units are renter occupied.
12.38% are vacant.
Commute
- Car
-
68.75%
- Public Transportation
-
4.98%
- Walk to Work
-
2.83%
- Work from Home
-
22.21%
- Other
-
0.84%
The median travel time to work is 21 minutes.
People
- Population
- 727,091
- Median Age
- 39.60
- Median Household Size
- 2.36
Education
- High School
-
29.70%
- Associate’s Degree
-
8.33%
- Bachelor’s Degree
-
16.22%
- Graduate Degree
-
11.86%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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